Press release
Kopi Luwak Coffee Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033
The Business Research Company offers in-depth market insights through Kopi Luwak Coffee Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The kopi luwak coffee market size has grown strongly in recent years. It will grow from $7.39 billion in 2023 to $7.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to exclusivity and rarity, consumer perception and luxury appeal, cultural and artisanal heritage, marketing and branding efforts, globalization and increased demand.
The kopi luwak coffee market size is expected to see strong growth in the next few years. It will grow to $9.66 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to continued exclusivity and rarity, evolution of consumer preferences, innovative marketing strategies, global market expansion, environmental and social responsibility. Major trends in the forecast period include technological advancements in production, sustainable and ethical sourcing, demand for specialty coffee, e-commerce and direct-to-consumer sales, increased awareness and education.
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Market Segmentation:
The kopi luwak market covered in this report is segmented -
1) By Product: Raw Coffee Beans, Cooked Beans
2) By Coffee Feed Type: Arabica, Robusta, Liberica
3) By Distribution Channel: Online Sales, Offline Sales
Major Driver - Tourism Boom Fuels Growth In Indonesia's Kopi Luwak Coffee Market
Increasing tourism in Indonesia is expected to propel the growth of kopi luwak coffee market going forward. Tourism is the activity of traveling to different destinations outside of one's usual environment for leisure, business, or other purposes. Kopi luwak coffee is an Indonesia originated coffee which is the important part of Indonesian tourism as it attracts a lot of tourists due to its exotic taste and rare availability. For instance, in January 2023, according to the Tourism and Creative Economy Ministry of the Indonesian government, around 7.4 million foreign tourist arrivals and 1.2 to 1.4 billion domestic tourist arrivals is estimated for the year 2023. Furthermore, in May 2022, according to the World Bank, a US-based international financial institution, in 2022, Indonesian tourism increased by 500% from May 2021. Therefore, the increasing tourism in Indonesia is driving the kopi luwak coffee market forward.
Competitive Landscape:
Major companies operating in the kopi luwak coffee market report are The Kopi Luwak Coffee Company, Lavanta Coffee Roasters Inc., Vinacafe Bien Hoa, Wild Gayo Luwak, Mandailing Coffee Ltd., Rumacoffee Co, Bantai Civet Coffee Co, Kopi Luwak Direct, Kaya Kopi LLC, Coffee Bean Shop Ltd., Luwak Star Gourmet Coffee, Domba Coffee Singapore PTE LTD., Gloria Jean's Coffee Pty Ltd., Wallacea Coffee, Gayo Kopi, Java Arabica Kopi, Bali Pulina, Sumatra Orangutan Coffee, Timor Luwak Coffee, Sulawesi Wild Kopi, Mocha Java Kopi, Toraja Civet Coffee, Flores Civet Coffee, Bali Kintamani Luwak Coffee, Organic Sumatra Luwak Coffee, Aceh Gayo Luwak Coffee, Malabar Civet Coffee, Baliem Valley Kopi, Kalosi Civet Coffee, Kerinci Luwak Coffee, Organic Bali Luwak Coffee, Papua Wamena Kopi, Sidikalang Civet Coffee
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The Table Of Content For The Market Report Include:
1. Executive Summary
2. Kopi Luwak Coffee Market Characteristics
3. Kopi Luwak Coffee Market Trends And Strategies
4. Kopi Luwak Coffee Market - Macro Economic Scenario
5. Kopi Luwak Coffee Market Size And Growth
…..
27. Kopi Luwak Coffee Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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